Gold continues to move lower, approaching the Intraday Trendline level at 3508. Selling pressure remains strong after the price failed to hold above the previous resistance area. If the price is unable to stage a significant rebound, the potential for further downside remains open amid the prevailing bearish sentiment.
Recommendation
Sell On Strength Near: 3529
Take Profit: 3510
Stop Loss: 3534
*DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures does not guarantee its accuracy and completeness. The company is not responsible for investment losses due to the use of the information contained.
The best investment is an investment in knowledge. Start your journey to trading success with a Masterclass Trading Webinar every Friday. Join now!